https://www.taxtmi.com/caselaws?id=389578 The case involved the determination of the net additional benefit of Input Tax Credit (ITC) post-GST implementation and the violation of Section 171 of the CGST Act, 2017 by the Respondent for not passing on the ITC benefit to buyers. The Respondent was found to have profiteered an amount of Rs. 3,45,22,974, including GST, which was to be refunded to eligible buyers with interest. The Authority directed verification of the Respondent's claim and issuance of a Show Cause Notice for imposing a penalty under Section 171 (3A) of the Act. Compliance monitoring was assigned to the Commissioners of CGST/SGST Andhra Pradesh. en-us Fri, 06 Dec 2019 00:00:00 +0530 Thu, 13 Mar 2025 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389578 The case involved the determination of the net additional benefit of Input Tax Credit (ITC) post-GST implementation and the violation of Section 171 of the CGST Act, 2017 by the Respondent for not passing on the ITC benefit to buyers. The Respondent was found to have profiteered an amount of Rs. 3,45,22,974, including GST, which was to be refunded to eligible buyers with interest. The Authority directed verification of the Respondent's claim and issuance of a Show Cause Notice for imposing a penalty under Section 171 (3A) of the Act. Compliance monitoring was assigned to the Commissioners of CGST/SGST Andhra Pradesh. Case-Laws GST Fri, 06 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389578